Fed's Kaplan: Brexit will be a factor in June FOMC decision

Might as well drop the odds of hike to 0%

The odds of a June FOMC hike are down to 14% from 21% before the FOMC. They can now safely fall to zero.

The Fed’s Kaplan said the Brexit vote will be a factor in the decision. The thing is, the vote is a week after the FOMC so the Fed won’t know how it will play out.

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